Brazil

Launching of the Latin American Economic Outlook 2009 in San Salvador - 28 October 2008

The OECD Secretary-General, Angel Gurría presented the Latin American Economic Outlook 2009 on 28 October, during his trip to El Salvador on the occasion of the XVIII Iberoamerican Summit. Elías Antonio Saca, President of El Salvador and host of the Iberoamerican Summit accompanied the OECD Secretary General in the presentation of the report. Ministers of Foreign Affairs and Heads of International organisations participated also in the launch. This second edition of the Latin American Economic Outlook highlights how governments in the region can go beyond using fiscal policy as a mere tool for macroeconomic stabilisation and begin to maximise its potential to promote development and consolidate democratic legitimacy.